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Putting the brakes on sudden stops: the financial frictions-moral hazard tradeoff of asset price guarantees
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Are asset price guarantees useful for preventing sudden stops? A quantitative investigation of the globalization hazard-moral hazard tradeoff
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Precautionary demand for foreign assets in sudden stop economies: an assessment of the new merchantilism
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Authors:
Durdu, Ceyhun Bora
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Mendoza, Enrique G.
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Terrones, Marco E.
Year: 2007 Publisher: Cambridge, Mass. NBER
Year: 2007 Publisher: Cambridge, Mass. NBER
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